CVS Group Plc’s (CVSG) Corporate Rating Reaffirmed at N+1 Singer
A number of other analysts have also issued reports on the company. Berenberg Bank upped their target price on CVS Group Plc from GBX 910 ($11.37) to GBX 1,000 ($12.49) and gave the stock a buy rating in a research note on Thursday, October 20th. Peel Hunt lowered CVS Group Plc to an add rating and upped their target price for the stock from GBX 950 ($11.87) to GBX 1,000 ($12.49) in a research note on Friday, September 23rd. Finally, Investec restated a buy rating and issued a GBX 880 ($10.99) target price on shares of CVS Group Plc in a research note on Tuesday, August 2nd.
CVS Group Plc (LON:CVSG) opened at 1037.00 on Thursday. The company has a 50 day moving average price of GBX 873.16 and a 200-day moving average price of GBX 837.71. The firm’s market capitalization is GBX 622.18 million. CVS Group Plc has a 1-year low of GBX 645.00 and a 1-year high of GBX 1,038.00.
The company also recently disclosed a dividend, which will be paid on Friday, December 9th. Stockholders of record on Thursday, November 24th will be given a dividend of GBX 3.50 ($0.04) per share. The ex-dividend date of this dividend is Thursday, November 24th. This is a positive change from CVS Group Plc’s previous dividend of $3.00. This represents a dividend yield of 0.37%.
In other news, insider Richard A. Connell acquired 2,109 shares of CVS Group Plc stock in a transaction dated Friday, October 28th. The shares were purchased at an average cost of GBX 878 ($10.97) per share, for a total transaction of £18,517.02 ($23,134.71). Also, insider Mike McCollum acquired 3,049 shares of CVS Group Plc stock in a transaction dated Friday, October 21st. The shares were purchased at an average price of GBX 862 ($10.77) per share, for a total transaction of £26,282.38 ($32,836.56).
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CVS Group Plc Company Profile
CVS Group plc is a holding company. The principal activities of the Company are to operate animal veterinary practices, veterinary diagnostic businesses, pet crematoria and an online pharmacy and retail business. Its segments are Veterinary Practice, Laboratories, Pet Crematoria and Animed Direct. The Veterinary Practice segment offers treatment for companion animals, equine and farm animals.
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